LeasePlan Shareholder in Talks to Sell Stake to Investor Group

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Ian Walker Dutch leasing fleet manager LeasePlan Corporation NV confirmed Tuesday that its 100% shareholder, Global Mobility Holding BV, is in talks to sell its interest to a group of investors, but cautioned that an agreement wasn't certain. LeasePlan ...

Philips Sells Lighting Business to Consortium

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By WSJ Staff GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners, said it would buy an 80.1% stake in Royal Philips NV's combined LED components and automotive lighting business in a deal that values ...

Nigeria Challenger Builds Vote Lead

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Patrick McGroarty in Lagos, Nigeria, and Heidi Vogt in Yola, Nigeria Former military dictator Muhammadu Buhari built a wide lead in Nigeria's elections on Monday, raising the prospect of a 1980s-era strongman being elected to lead the promising but ...

Jay Z Enters Music-Streaming Wars With Tidal

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Jurgensen Jay Z isn't the only star with a stake in the streaming-music company he recently bought. On Monday, the rapper was flanked on stage by more than a dozen fellow equity owners, including Beyoncé, Kanye West and ...

Japan Auto Production Falls in February

TODAY: March 31, 2015 PUB DATE: March 31, 2015

TOKYO--Production of cars, trucks and buses in Japan declined 5.3% on year in February, falling for the eighth consecutive month, the Japan Automobile Manufacturers Association said Tuesday. Vehicle output fell to 817,390 vehicles in February from 863,452 vehicles in the ...

Asian Shares Rise

TODAY: March 31, 2015 PUB DATE: March 31, 2015

Asian shares were mostly higher Tuesday, maintaining the positive momentum from Monday's Shanghai-led rally and Wall Street overnight. Australian shares were helped by growing expectations for an earlier interest-rate cut by the Australian central bank. Australia's S&P;/ASX200 was up 1.4% ...

Nigeria Challenger Builds Vote Lead

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Patrick McGroarty in Lagos, Nigeria, and Heidi Vogt in Yola, Nigeria Former military dictator Muhammadu Buhari built a wide lead in Nigeria's elections on Monday, raising the prospect of a 1980s-era strongman being elected to lead the emerging but ...

China Service Trade Deficit Narrows in February

TODAY: March 31, 2015 PUB DATE: March 31, 2015

BEIJING--China saw a service trade deficit of $12.5 billion in January, smaller than its a deficit of $16.9 billion in January, official data showed Tuesday. For the first two months of the year, the country's service trade deficit was $29.4 ...

On State Budget, City Won a Few But Awaits Action

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Michael Howard Saul Mayor Bill de Blasio on Monday described the tentative deal on the state budget as "reasonably good" for New York City, but his aides said there was disappointment on homelessness funding and concern that action on ...

UnitedHealth to Buy Catamaran for $12.8 Billion in Cash

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Anna Wilde Mathews and Joseph Walker UnitedHealth Group Inc.'s deal to acquire Catamaran Corp. for about $12.8 billion in cash will bulk up its pharmacy-benefit business amid growing concern from employers and insurers about the rising costs of cutting-edge ...

New Zealand ANZ March Business Confidence +35.8%; Feb +34.4%

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Rebecca Howard WELLINGTON, New Zealand--New Zealand business confidence pushed higher in March as firms' own activity expectations, employment and investment intentions remain elevated. "Headline confidence, firms' own activity expectations, profit expectations, and employment and investment intentions all increased, seasonally ...

Richemont to Merge Net-A-Porter With Yoox Group

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Revill ZURICH--Cie. Financiere Richemont SA (CFR.VX) said Tuesday it plans to combine its online fashion retailer Net-a-Porter with Italian web-based clothing company Yoox SpA, a deal that will create an Internet shopping giant with revenue of more than ...

Singapore February Bank Loans S$603.52 Billion Vs S$607.47 Billion in January

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Gaurav Raghuvanshi SINGAPORE--The Monetary Authority of Singapore Tuesday released the following provisional bank lending data for February, 2015: February Year Earlier January Total S$603.52 Bln S$584.47 Bln S$607.47 Bln Housing/Bridge S$178.38 Bln S$168.17 Bln S$178.27 Bln Professionals & Private ...

CURRENCIES: Dollar Rallies Against Euro, Yen Ahead Of Jobs Report

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Victor Reklaitis, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch)--The dollar gained ground against the yen and the euro on Monday, with analysts saying the advance was amplified by thinner trading in a holiday-shortened week. The dollar (USDJPY) was at ...

Dollar Steady Against Yen Despite Seasonal Repatriation Demand

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Hiroyuki Kachi The dollar remained steady against the yen in Asian trade Tuesday, with some investors betting on the underlying strength of the U.S. currency despite downward pressure from the seasonal repatriation of profits by Japanese firms at the ...

German Retail Sales Fall in February

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Emese Bartha FRANKFURT--German retail sales fell in line with expectations in February, slightly reversing the solid expansion seen in the previous two months, while the annual reading suggests that consumer spending remains a key pillar of growth in Europe's ...

Merger That Came to Aid of Knight Capital Struggles

TODAY: March 31, 2015 PUB DATE: March 30, 2015

By Bradley Hope Every Monday morning for the past 20 months, Daniel Coleman has stepped off his private jet from Alabama and straight into a storm. The southerner is chief executive of KCG Holdings Inc., the New Jersey-based company that ...

Cuomo, New York Lawmakers Reach a Budget Deal

TODAY: March 31, 2015 PUB DATE: March 30, 2015

By Mike Vilensky And Erica Orden ALBANY--New York Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a $142 billion state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process ...